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All Forum Posts by: Cliff T.

Cliff T. has started 35 posts and replied 199 times.

Post: Where can my LLC get a HELOC?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

@Kyle Kelley - did you end up closing on your HELOC through william penn bank?

Post: Line of Credit for my LLC? (or other financing ideas)

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

@Steven LaLonde - any update on this?

Post: Business Lines of Credit Fees

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

@Raymond Hunce - what was the end result of this?

Post: Is Philadelphia more landlord or tenant friendly?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

Following

Post: Long Distant Closings

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

Hey Fred, which title company did you use?

Post: ​Living in CA, investing out of state. Where to form LLC?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

In case it's helpful for anyone in the future, I think I may have found what is needed:

Step 1: you must apply to REGISTER your foreign LLC with California. This requires a $70 fee and a Certificate of Good Standing from the state your LLC is originally formed

https://www.sos.ca.gov/business-programs/business-...

Step 2: once registered, then you pay the state of CA $800 EACH YEAR to maintain your LLC.

Post: ​Living in CA, investing out of state. Where to form LLC?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

Does anyone have the link for registering my foreign LLC with the state of CA? I've looked through their website and can't seem to find what I need.

I am not able to set up an FTB account bc my LLC doesn't have a tax return filed from previous years as it was created just a few months ago.

Post: New HVaC system. Average cost?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

@Eric Young - can you clarify when someone might need New furnace, air coil and condenser ($3500) vs. entire new HVAC system including ductwork ($6000)?

Post: Cost to install auto feed for water boiler?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

@Jim S. -  i'm not sure of the technical term, but it's the part that will continually keep water into the boiler. I don't believe that's the same as the back flow preventer.

Post: Cost to install auto feed for water boiler?

Cliff T.Posted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 215
  • Votes 42

Thanks for the tip. Any thoughts on the quote I received?